
19 December 2024 | 22 replies
Giving away the place cheap only creates more work for yourself screening lower income individuals, and attracts scammers.

27 December 2024 | 22 replies
That seems suddenly shady.My bank is reversing the charges and blacklisting them.Like I said, it's a shame as I really had high hopes for this working.Maybe I'll find something else someday.

26 December 2024 | 5 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

28 December 2024 | 11 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

4 January 2025 | 35 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, immediate cashflow and at the lower end of relative rent & value appreciation.

27 December 2024 | 10 replies
The rate will also be lower than either of the two previously mentioned options.

28 December 2024 | 24 replies
I always invested in the “higher end of the lower end,” starting small and working my way up so the banks had no issues financing my next property.

26 December 2024 | 5 replies
It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

23 December 2024 | 9 replies
Lower the price3.

19 December 2024 | 13 replies
And your simply charging points and keeping the points and then a service fee. ( interest rate delta).